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Saudi railway to be built by Spanish-led consortium | Saudi railway to be built by Spanish-led consortium |
(about 17 hours later) | |
A Spanish consortium has won a contract to build a high-speed rail link in Saudi Arabia. | A Spanish consortium has won a contract to build a high-speed rail link in Saudi Arabia. |
The contract, worth 6.7bn euros ($9.3bn; £5.8bn) involves supplying 35 trains and operating the network for 12 years, the Saudi Railways Organisation said. | The contract, worth 6.7bn euros ($9.3bn; £5.8bn) involves supplying 35 trains and operating the network for 12 years, the Saudi Railways Organisation said. |
The project links the two holy cities of Mecca and Medina. | The project links the two holy cities of Mecca and Medina. |
The UK firm Invensys Rail forms part of the consortium and will supply software systems for 485m euros. | The UK firm Invensys Rail forms part of the consortium and will supply software systems for 485m euros. |
Invensys Chief Executive, Wayne Edmunds described the deal as "a major breakthrough for Invensys Rail'. | |
The Spanish consortium, called Al Shoula, beat its French rival, SNCF Alstom to the multi-billion euro contract. | The Spanish consortium, called Al Shoula, beat its French rival, SNCF Alstom to the multi-billion euro contract. |
Spain overtook France in 2010 with its high-speed rail link which is the largest in Europe and accounts for 40% of Spain's 4.8 million long-distance passengers. | Spain overtook France in 2010 with its high-speed rail link which is the largest in Europe and accounts for 40% of Spain's 4.8 million long-distance passengers. |
Mecca in particular is a well-visited city with around 2.5 million Muslims making the annual hajj pilgrimage to each year. | Mecca in particular is a well-visited city with around 2.5 million Muslims making the annual hajj pilgrimage to each year. |
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